Cost of Living in Ivanhoe, NC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

109.7

100 = national avg

+9.7 vs national average

Living Wage (1 Adult)

$48,280

per year

Living Wage (Family of 4)

$114,117

per year

Cost Index by Category

Housing
83.1
Food
118.0
Transportation
135.9
Healthcare
114.4
Utilities
107.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$806

per month

2 Bedroom

$925

per month

The overall cost of living index in Ivanhoe is 109.7, which is 9.7% above the national average. Housing costs are below the national average at an index of 83.1. A single adult needs to earn approximately $48,280 per year to cover basic expenses.